F2Pool founder Chun Wang sold 2.5 million LDO in exchange for 4.5 million USDT in the past 14 days

according to Spot On Chain monitoring, F2Pool & Stakefish founder Chun Wang (@satofishi) sold 2.5 million LDO for $4.5 million USDT in the past 14 days. Since returning on November 21, 2024, after a 10.5-month break, he sold 6.1 million LDO at around $1.708 per token, exchanging them for 10.42 million USDT, with selling activity picking up. He was an initial member of Lido DAO, receiving 20 million LDO, but now only holds 2.5 million tokens (worth $3.88 million).